BCCI stands to lose 2000 crore

February 13, 2012 15:38

The BCCI stands to lose close to Rs 2000 crore if no solution is found. However, the Board can find another sponsor to neutralise the losses.
BCCI President N Srinivasan said finding sponsors is not a problem for the
cash-rich Board.

"Sponsors are not going away. In any contractual arrangement you will have to provide the scope for change. BCCI has not lost money. For the properties we have, we have adequate sponsors. We have problems with a sponsor, we have
shown we will walk that extra mile to address them," he said.

Sahara's other demand was a reduction in the bank guarantee considering the fact that the number of IPL matches had been reduced from 94 to 74.

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